Historical Oil Prices: InflationData. comOil Prices 1946-Present The first table shows the Annual Average Crude Oil Price from 1946 to the present Prices are adjusted for Inflation to July 2017 prices using the Consumer Price Index (CPI-U) as presented by the Bureau of Labor Statistics

Crude Oil Prices - 70 Year Historical Chart | MacroTrendsThe price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale The current month is updated on an hourly basis with today's latest value The current price of WTI crude oil as of November 13, 2018 is $55 69 per barrel

History of Crude Oil Prices - ioga. comIn 1980 Iraq's crude oil production fell 2 7MMBPD and Iran's production by 600,000 barrels per day during the Iran Iraq War The combination of these two events resulted in crude oil prices more than doubling from $14 in 1978 to $35 per barrel in 1981